Watchout for Resistance breakoutThe stock gave Trendline BO and looks good above 483.8 level for a target of 515
EMAMILTD trade ideas
Emamiltd: Support on Ascending Channel pattern (Time frame-1Day)Emamiltd - Ascending Channel Pattern.
Chart time frame: 1 Day
Trade type: Short term
Duration: 1-2 months
Entry - 450
Target 1 - 500
Target 2 - 520+
Stoploss - 437
Risk:Reward - 1:4
Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
Emami at the support zoneemami has retested the support zone after breakout in last month.
one can go long with the stop 445
positional target could be 500
one can hold with trailing for short term.
EMAMILTD | Back to channel and stablized | Looks good for 37%EMAMILTD | Back to channel and stablized | Looks good for 37%
CMP : 489 (Dip upto 465 zone)
SL : 430
Target : 670
1:6+ risk reward setup (from dip)
EMAMILTD, 10% MOVE IN LAST FEW MINS, WILL MOENTUM CONTINUE??EMAMILTD looks good above 504.5.
Thanks
Piyush Gupta
Learn & Earn
EMAMI buy at 476I will look at buying EMAMI because :
It has broken its resistance and will act as support
It can show a upward movement .
Entry : 476
Target : 600/680
Stop loss : 420
Buy EmamiLtdTrade Setup: As per Chart
NSE:EMAMILTD
Imp:
1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc.
2. Always follow stop loss.
3. Once a trade is in your direction (say) 3%, never let it go in a loss.
4. Simply follow rules. Nothing else..
EMAMILTD - Swing setup BUYBased on your money management and risk appetite manage your trade.
EDUCATIONAL PURPOSE!
Emami Long Idea stay long for a week to 30 days.1. Previous month resistance acting as support for this month.
2. Rounding bottom formation in last month with last two candles breaking out above.
3. MACD bullish crossover. Ride the bulls coming up.
4. RSI around 77 so can be a good ride for short term
Rounding Bottom patternThe stock is making a rounding bottom and looks good positionally above 462.5 level
EMAMILTD breaking out in hourly after a long consolidation.... EMAMILTD breaking out in hourly after a long consolidation....
Emami is about to move upAfter a consolidation it is about to go up. Sector is also strong.
Target - 458 to 460
Stop loss - 410
Emami - 23 Dec 2020If stock opens out of yesterdays range look for buying opportunities when it takes support at buy zone 1.
If stock opens within yesterdays range look for buying opportunities when it takes support at buy zone 2. If you go long on Buyzone2 then your first target should be yesterday high.
EMAMI LTD - Swing Trade (BUY Side)NSE:EMAMILTD
Buy at 405-409 range for an excellent entry.
SL - Exit if stock close below 402, since it will definetely test the low's of the rejection candle.
Reason for the trade : Rejection + Failed New Low(Previous day)
Exit when: A daily close below the Rejection Day midpoint breaks the pattern, as this would indicate a retest of the Rejection Day low.
Disclaimer : Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
